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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Federated Hermes for the years ended December 31:
(in thousands, except per share data)202020192018
Numerator
Net Income Attributable to Federated Hermes, Inc.$326,364 $272,339 $220,297 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(12,794)(10,234)(8,555)
Total Net Income Attributable to Federated Hermes Common Stock - Basic
$313,570 $262,105 $211,742 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary
(2,439)(872)(794)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted
$311,131 $261,233 $210,948 
Denominator
Basic and Diluted Weighted-Average Federated Hermes Common Stock2
96,419 97,259 96,949 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic2
$3.25 $2.69 $2.18 
Net Income Attributable to Federated Hermes Common Stock - Diluted2
$3.23 $2.69 $2.18 
1    Includes dividends paid on unvested restricted Federated Hermes Class B Common shares and their proportionate share of undistributed earnings attributable to Federated Hermes shareholders.
2    Federated Hermes Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.